KUALA LUMPUR: The value of Airbus work undertaken in Malaysia is set to hit US$550mil (RM2.24bil) per year by 2023, on the back of higher production rates, the company’s investment in its local subsidiaries and joint ventures, as well as potential new projects currently under evaluation.
Airbus Asia Pacific president Jean-Marc Nasr said the US$550mil is up over a third from US$400mil (RM1.62bil) in 2018.
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